216 McBride CtColumbiaSC29229
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Columbia at 216 McBride Ct, Columbia, SC, 29229 with 5% annual appreciation on a $189,900 basis while $1,771/mo rent supports operations. Total monthly income totals $1,771/mo and a $929/mo payment preserves $541/mo for cash returns. Annual cash flow comes to $6,492/yr on $62,952 deployed, and return on cash invested reaches 30.22% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 11.19%. Five-year ROI measures 158.61% and total cumulative return in cash totals $99,845.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,771/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2004
4,791 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29229, Columbia, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,849 (100%) |
| Owner Occupied HU | 16,516 (75.6%) |
| Renter Occupied HU | 4,178 (19.1%) |
| Vacant Housing Units | 1,155 ( 5.3%) |
| Median Home Value | $264,697 |
| Average Home Value | $299,180 |
Housing Distribution
Address Breakdown
Residential
21,627
Single Family
19,314
Multi-Family
2,313
Businesses
1,141
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Listed by: Wilhelmina Pullum • Asset Realty Elite LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606794
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC